520 S 2nd ST, Mankato, MN 56001
520 S 2nd ST, Mankato, MN 56001
520 S 2nd ST, Mankato, MN 56001
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$564,900
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520 S 2nd ST Mankato, MN 56001

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Brett Lizotte

Brett Lizotte

+1(651) 319-6599

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Auditors 1

MLS Listing ID 7025043

Year Built 1884

Annual Tax Amount $5,410

Tax Year 2025

Contingent None

Lot Dimensions 66x157.5

Property Description

LOCATED IN AN OPPORTUNITY ZONE. This investment property has four streams of income. There is a main level five bedroom, three bath apartment. There is an upper level four bedroom one bath apartment. Both apartments include a washer/dryer. There is off street parking for tenants and guests. There are six rented parking stalls adding extra income. The double garage is also rented separately. The interior finishes include marble, tile, granite, and stainless steel appliances. There is a private 19x17 patio on the south side of the property. This is located on the city bus route and walkable to everything downtown. It's about a half mile to Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe. The garage is a possible office conversion.

Location

State MN

County Blue Earth

Zoning Business/Commercial

Rooms

Basement Unfinished

Interior

Heating Baseboard, Forced Air

Cooling Central Air

Inclusions Building, Land, Rental License

Fireplace No

Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Exterior

Parking Features Attached Garage, Paved Lot

Garage Spaces 2.0

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Present Use Residential

Building

Foundation 1000

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Mankato

Listed by Kevin Goettl • RE/MAX Results

NEARBY SCHOOL & BUSINESS

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Brett Lizotte

Brett Lizotte

Agent | License ID: 40689497

+1(651) 319-6599

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520 S 2nd ST

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